Legal Question in Business Law in Minnesota
transfer of assets between non-profit organizations
I am the president of a non profit organization formed for youth sports. The board members of this corporation are long gone, and I am not an officer but the president. We would like to create a new non profit and transfer the assets as a donation from on to the other. Can this be done?
Asked on 4/04/07, 10:56 am
1 Answer from Attorneys
Andrew Miller
Law Office of Andrew S. Miller, LLC
Re: transfer of assets between non-profit organizations
This may be a complicated issue best handled by an attorney. Feel free to contact my office for an initial consultation. I would be happy to look into this for you.
Answered on 4/04/07, 11:11 am
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